The Dollar was lower on Monday in N.Y., taking a breather from the sharp gains seen following the hawkish FOMC last week. Position squaring was a factor, which saw the DXY fall from London highs of 92.37 to afternoon lows of 91.83. There was no data on Monday to move markets. Wall Street put in […]
The dollar has consolidated at modestly softer levels after rallying strongly last week. The DXY dollar index drifted to levels around 92.20, down from Friday’s two-month high at 92.40. EUR-USD concurrently lifted to the upper 1.1880s from Friday’s two-month low at 1.1846. The yen continued to outperform, with USD-JPY pegging a one-week low at 109.71 […]
The dollar has found its feet after correcting yesterday. The DXY dollar index has setted near the 92.00 level after printing a low at 91.83 yesterday. The low was just 2 pips shy of Friday’s low. The dollar remains up by over 1.6% from levels prevailing ahead of Fed’s announcement last week. EUR-USD has dipped […]
The dollar has found its feet after correcting yesterday. The DXY dollar index has setted near the 92.00 level after printing a low at 91.83 yesterday. The low was just 2 pips shy of Friday’s low. The dollar remains up by over 1.6% from levels prevailing ahead of Fed’s announcement last week. EUR-USD has dipped […]
The dollar has consolidated at modestly softer levels after rallying strongly last week. The DXY dollar index drifted to levels around 92.20, down from Friday’s two-month high at 92.40. EUR-USD concurrently lifted to the upper 1.1880s from Friday’s two-month low at 1.1846. The yen continued to outperform, with USD-JPY pegging a one-week low at 109.71 […]
The Dollar rallied in N.Y. on Friday, with gains coming early following comments from the Fed’s Bullard, who said we are experiencing “…more inflation than we were expecting.” He added “I think it’s natural that we’ve tilted a little bit more hawkish here to contain inflationary pressures.” Treasury yields shot up on the comments, taking […]
The Dollar for the most part continued its post-FOMC rally, taking the DXY to two-month highs of 92.01. Ahead of the Fed on Wednesday, the index was trading at 90.54. The prospects of more interest rate hikes sooner, along with ramped up growth and inflation forecasts, should keep the USD underpinned for now. Incoming data […]
The dollar has settled to a consolidation of its post-Fed announcement gains. The narrow trade-weighted DXY dollar index is up 1.6% on the week and is currently plying a narrow range just below the two-month high that was printed yesterday at 92.01. EUR-USD has settled just above Thursday’s two-month low at 1.1891, and USD-JPY has […]
The dollar settled to a consolidation of its post-Fed announcement gains. The narrow trade-weighted DXY dollar index was off highs but still up 1.5% on the week, plying a narrow range below the two-month high that was printed yesterday at 92.01. EUR-USD settled back above 1.1900s after edging out a fresh two-month low at 1.1885, […]
The dollar has extended its post-Fed announcement advance. The DXY dollar index earlier printed a two-month high at 91.51, and is up by nearly 1.1% over the last day. EUR-USD has concurrently pegged a two-month low at 1.1961, while USD-JPY has hit an 11-week peak at 110.82. Cable has fallen to a six-week low at […]
The dollar has continued to ascend, extending its post-Fed announcement advance. The DXY dollar index printed a two-month high at 91.85, and is up by nearly 1.5% over the last day. EUR-USD concurrently pegged a two-month low at 1.1926, while USD-JPY hit an 11-week peak at 110.82. Cable fell to a six-week low at 1.3934 […]
The Dollar was mostly higher through the London morning session, peaking just after the hotter U.S. PPI outcome. The DXY topped at a one-month high of 90.68, up from intra day lows of 90.35. Aside from PPI, data was mixed, with retail sales missing the mark, though upwardly revised previous months data took the sting […]